Harmonizing trade laws in South Asia: a future thought
International trade law is one of the key factors for economic development for a country or regional development. The South Asian Association for Regional Cooperation (SAARC) is one of the Southern Associations which consists of 8 countries. SAARC follows the same trend of “Sustainable trade.” Sus...
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| Format: | Article |
| Language: | English |
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Penerbit Universiti Kebangsaan Malaysia
2019
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| Online Access: | http://journalarticle.ukm.my/14861/ http://journalarticle.ukm.my/14861/1/32740-116579-2-PB.pdf |
| _version_ | 1848813662350868480 |
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| author | Md. Habib Alam, |
| author_facet | Md. Habib Alam, |
| author_sort | Md. Habib Alam, |
| building | UKM Institutional Repository |
| collection | Online Access |
| description | International trade law is one of the key factors for economic development for a country or regional development.
The South Asian Association for Regional Cooperation (SAARC) is one of the Southern Associations which consists of
8 countries. SAARC follows the same trend of “Sustainable trade.” Sustainable trade depends on the globalization of
trade. Globalization of trade depends on uniformity. Uniformity may be two types, regional uniformity (i.e. SAARC)
and multi-regional uniformity (i.e. a combination of more than one regional uniformity, like CISG). This research is
on SAARC (i.e. regional uniformity) to harmonize the trade laws. SAARC states have different treaties (i.e. bilateral
treaties, oral agreements, business usages, may have different publicly known or unknown agreements linking with
arbitration etc.). These different instruments or laws may give rise to conflicts of laws within SAARC states. Judges of
different jurisdictions of SAARC may interpret in different ways and complexity in trade laws will increase. It will help
involving more expenditure (i.e. long procedure to solve the disputes, hiring foreign lawyers, expertise expenditure
etc.). The main objective of this research is as to how we can harmonize the trade laws within the SAARC region by
complying with international standard in every jurisdiction of SAARC states. This research provides an idea that we
need to form a new uniform sale law like CISG for sustainable trade within SAARC states. |
| first_indexed | 2025-11-15T00:21:45Z |
| format | Article |
| id | oai:generic.eprints.org:14861 |
| institution | Universiti Kebangasaan Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T00:21:45Z |
| publishDate | 2019 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | oai:generic.eprints.org:148612020-07-10T07:46:39Z http://journalarticle.ukm.my/14861/ Harmonizing trade laws in South Asia: a future thought Md. Habib Alam, International trade law is one of the key factors for economic development for a country or regional development. The South Asian Association for Regional Cooperation (SAARC) is one of the Southern Associations which consists of 8 countries. SAARC follows the same trend of “Sustainable trade.” Sustainable trade depends on the globalization of trade. Globalization of trade depends on uniformity. Uniformity may be two types, regional uniformity (i.e. SAARC) and multi-regional uniformity (i.e. a combination of more than one regional uniformity, like CISG). This research is on SAARC (i.e. regional uniformity) to harmonize the trade laws. SAARC states have different treaties (i.e. bilateral treaties, oral agreements, business usages, may have different publicly known or unknown agreements linking with arbitration etc.). These different instruments or laws may give rise to conflicts of laws within SAARC states. Judges of different jurisdictions of SAARC may interpret in different ways and complexity in trade laws will increase. It will help involving more expenditure (i.e. long procedure to solve the disputes, hiring foreign lawyers, expertise expenditure etc.). The main objective of this research is as to how we can harmonize the trade laws within the SAARC region by complying with international standard in every jurisdiction of SAARC states. This research provides an idea that we need to form a new uniform sale law like CISG for sustainable trade within SAARC states. Penerbit Universiti Kebangsaan Malaysia 2019 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/14861/1/32740-116579-2-PB.pdf Md. Habib Alam, (2019) Harmonizing trade laws in South Asia: a future thought. Jurnal Undang-Undang dan Masyarakat, 25 . pp. 47-52. ISSN 1394-7729 http://ejournal.ukm.my/juum/issue/view/1243 |
| spellingShingle | Md. Habib Alam, Harmonizing trade laws in South Asia: a future thought |
| title | Harmonizing trade laws in South Asia: a future thought |
| title_full | Harmonizing trade laws in South Asia: a future thought |
| title_fullStr | Harmonizing trade laws in South Asia: a future thought |
| title_full_unstemmed | Harmonizing trade laws in South Asia: a future thought |
| title_short | Harmonizing trade laws in South Asia: a future thought |
| title_sort | harmonizing trade laws in south asia: a future thought |
| url | http://journalarticle.ukm.my/14861/ http://journalarticle.ukm.my/14861/ http://journalarticle.ukm.my/14861/1/32740-116579-2-PB.pdf |